HomeMy WebLinkAbout025100 RES - 11/12/2002RESOLUTION
ADOPTING THE CITY OF CORPUS CHRISTI COMMERCIAL
REVITALIZATION LOCAL STRATEGIC PLAN
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1. The City Council, as the governing body of the City of Corpus Christi,
adopts the City of Corpus Christi Commercial Revitalization Strategic Plan for the City's
Renewal Community Commercial Revitalization Deduction Allocation Program. The
City of Corpus Christi Commercial Revitalization Strategic Plan is attached to this
resolution and marked as Attachment 1.
SECTION 2. The City Manager is directed to forward a copy of this resolution and the
City of Corpus Christi Commercial Revitalization Strategic Plan to the Executive
Director, Texas Department of Economic Development.
ATTEST:
Armando Chapa
City Secretary
THE CITY OF CORPUS CHR~TI
Samuel ~. I~al, Jr. JJ
Mayor b"
APPROVED: 7th day of November, 2002.
James R. Bray Jr.
City Attorney
R J R 'ning
F~r~A~s~stan orney
R22113B1.doc
non 00
2
Corpus Christi, Texas
,2002
Brent Chesney
Javier D. Colmenero
Henry Garrett
Bill Kelly
Rex A. Kinnison
John Longoria
Jesse Noyola
Mark Scott
The above resolution was passed by the following vote:
Samuel U Neal, Jr. ~C ~
R22113B1.doc
,.5100
City of Corpus Christi
Commercial R. evitalizatton
Local Strategic Plan
1) The Coordinating Responsible Authority (CORA) for the Corpus Christi Renewal
Community will submit a copy of the City's_approved Tax Incentive Utilization Plan and
contact information to the Executive Director or the Executive Director's designee of the
Texas Department of Economic Development. The City Manager shall appoint the CoRA
for the Corpus Christi Renewal Community._
2) The process for receiving applications is as follows:
a) Public notice inviting applications for commercial revitalization allocations will be
published in the Corpus Christi Caller Times once a year indicating that applications
will be considered throughout the year. No application will be considered for 10
working days following the date of the public notice.
b) Application information will be available by contacting the CoRA and via the City of
Corpus Christi's web site.
c) Applications will be time stamped upon receipt and reviewed for completion.
Applications will be considered only iff
il
The building and its structural components will be placed in service by the
taxpayer in the Renewal Community and the original use of the building will
begin with the taxpayer or the building will be substantially rehabilitated by the
taxpayer and is placed in service by the taxpayer after the rehabilitation in the
Renewal Community.
ii) The expenditures of the project meet the statutory requirement for the allowable
Commercial Revitalization expenditures.
iii) Request of allocation is less than $10 mill/on,
iv) The applicant is in good standing with the Texas Comptroller of Public Accounts
and the Texas Workforce commission has confnmaed that the applicant is current
on unemployment insurance tax.
d) The CoRA will review the completed applications meeting the requirements in section
2lc] of this plan and make recommendations through the City Manager to the City
Council based on the following criteria:
Modified 11/08/02 Page 1
i) The project creates and retains jobs in the Renewal Community.
ii) The applicant is willing to work with the Workforce Network, Inc. to identify
qualified candidates for the positions that will be created and where possible,
hire Renewal Community residents, individuals meeting the criteria for work
opportunity tax credit and welfare to work tax credit.
iii) The applicant is committed to affirmatively hiring minority workers and
affirmatively contracting with minority owned businesses, local low-income
community businesses (businesses located in census tracts with 20% poverty
or greater) and/or businesses located in the Renewal Community.
iv) The apphcant is committed to hiring underskilled, inexperienced,
disadvantaged or displaced workers, where possible.
v) The applicant is committed to providing on the job technical and vocational
training for economically disadvantaged or Renewal Community residents,
where possible.
vi) The project is located in a Texas Enterprise Zone, Reinvestment Zone, Weed
and Seed Area, Community Development Block Grant (CDBG) eligible area, or
Historically Underutilized Business (HUB) Zone.
vii) Project is eliminating slum or blight in a particular area within the Renewal
Community.
viii) Project is appropriately zoned.
ix) Project contributes to the City's Comprehensive Plan, the applicable area
development plans for the target area, Bayfront Plan, City's current CDBG
Consolidated Plan, and Project Plan for Corpus Christi Reinvestment Zone No.
1, which have been adopted by the City of Corpus Christi, and Texas
Department of Economic Development regulations applicable to the Texas
Enterprise Program.
x) The applicant has involved or will involve residents and non-profit groups
within the Renewal Community and/or will seek serv/ces provided by any
partner of the Renewal Community.
xi) Schedule of construction to date the building is placed in service.
xii) Business has sufficient income to take advantage of accelerated depreciation.
xiii) Project is a public/private partnership between City of Corpus Christi and
private business.
Modified 11/08/02 Page 2
e) City Council will review the recommendations made by CORA, through the City
Manager, and will consider approval of the applications based on the criteria set
above with particular emphasis on IX above and the project selection criteria
included with the State Plan (see Exhibit A) at a City Council hearing. The general
public will be given an opportunity to comment on the applications at the council
hearing.
f) Within 10 working days following the approval of applications by the City Council,
the CoRA will submit to the Commissioner or designee of the Texas Department of
Economic Development (TDED) the following documentation:
i) A certification signed by the City Manager, as the CEO of the City of Corpus
Christi, that the governing body has followed the procedure as indicated in this
plan and to the best of his or her knowledge, each application that has been
approved by the City Council is complete and meets the requirements of the
commercial revitalization deduction program.
ii) Copy of each application selected by the governing body to receive the commercial
revitalization deduction (CRD) allocations, public notice for the application
process, approved minutes of the governing body, reasonable explanation for each
project being selected or denied and identifies the criteria set forth above in the
explanation.
g) Within 5 working days following receipt of certification of approved projects from the
TDED, the CoRA will send confnmaation to project contact person of their award or
denial for CRD allocations. The confirmation letter will also set forth their reporting
requirements to the City of Corpus Christi. Each applicant will be required to
provide quarterly reports of their progress of the project and commitments made in
their application until the project is placed in service. If the CoRA determines that
the project is not proceeding as indicated in the application or the project is being
reduced, the City Council working with the applicant can cancel or reduce the
allocation previously awarded. The City Council will submit a certification to the
TDED stating that the project should be cancelled or reduced and the amount of
CRD allocations that will be available for reallocation.
h) The CoRA will submit an annual report to the TDED describing the status of each
active project in their jurisdiction receiving CRD allocations. The annual reports will
be due March 1 of each calendar year beginning in 2003 and ending in 2010 and
Modified 11/08/02 Page 3
reporting on activity ending December 31 of the previous year. The report will
include:
a. Status of the project being constructed and if available, date project was
placed in service. (Including success stories, press releases, news coverage,
etc.)
b. A brief narrative describing the impact of the CRD on the--Renewal
Community.
c. Number of direct and indirect jobs created and retained, approximate average
salary.
d. Copy of the Renewal Community's annual report to the U.S. Department of
Housing and Urban Development.